List Price: $2.3M

Listing Status: Pending

Original List Price: $2.4M

Days on Market: 51

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1958

Lot Size: 7,472 sq ft

Garage Spaces: 2

MLS Number: SB26183485

About This Property

Incredible opportunity on the coveted Eastside of Manhattan Beach. Whether you're a builder, developer, investor, or buyer looking to create a custom residence, this property offers exceptional potential on a full-sized 7,470 SF lot, just blocks from Mira Costa High School and Pennekamp Elementary. The property currently supports three income streams; a main residence, a rear studio apartment, and an additional 1 Bed ADU, combining for $8,000/month in current gross rental income. The main residence features a 2,100 SF with 3 bedrooms and 3 bathrooms. Enjoy immediate cash flow while planning a renovation, expansion, or future redevelopment. Originally built in 1958, the main home retains its classic character and offers an excellent opportunity for renovation or reimagining. The detached guest house, complete with its own bathroom and separate laundry room, provides added flexibility for guests, extended family, or rental income. The expansive backyard offers ample space to entertain, garden, expand, or design your dream home. Ideally situated on a quiet interior street with convenient access to award-winning schools, Polliwog Park, shopping, dining, and the beach, opportunities to acquire a property of this size and potential in Manhattan Beach are increasingly rare. Property is Tenant Occupied. Drive by viewings only. Buyers are encouraged to conduct their own investigations regarding the property stats, total square footage is estimated.

Listing provided by: Nicole San Filippo DRE #02415424 310-241-3038 NPSANFILIPPO@gmail.com, Compass